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roz2zie
Dec 29, 2008, 12:16 AM
Hello,

Capital One placed a bank levy against my checking account this past November. I was just curious as to how long does it last. I was advised to just stop any monies going into the account and pay bills via money grams, money orders... etc. My general question is should I just close the account and open up another one? If I do that, could Capital One somehow track that account down and garnish it too? I am so dumbfounded about this... please help! Rozzie

excon
Dec 29, 2008, 06:32 AM
Hello r:

Until the debt is paid, they'll track you down again.

excon

Fr_Chuck
Dec 29, 2008, 07:51 AM
It stays there till the debt is paid, no you can't even close the account normally.

If you open a new accouint, there is a note on your credit report that they checked ( and/or they check the records for bad checks) and the lendor will find you very easily.